Former Malaysian leader sentenced to 15 years and hefty fine in corruption trial [Los Angeles Times (CA)]
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Source: Los Angeles Times
after being convicted Friday in his biggest corruption trial tied to the multibillion-dollar looting of the 1MDB state investment fund. The nation's High Court found Najib, 72, guilty on four counts of abuse of power and 21 charges of money laundering related to more than $700 million channeled into his personal bank accounts from the government fund. Justice Collin Lawrence Sequerah sentenced Najib to 15 years in prison for each charge of abuse of power, and five years for each of the money laundering charges. The sentences are to run concurrently which means he will face another 15 years in prison. The new sentence will run after his current term for an earlier 1MDB case ends, the judge said. He imposed a total fine of $2.8 billion for the abuse of power charges. In addition, he also ordered another $514 million in assets to be recovered from Najib under money laundering laws. If Najib fails to pay, he faces more years in prison. Najib's lawyer Mohamed Shafee Abdullah said t
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- Former Malaysian leader Najib Razak sentenced to 15 years, given hefty fine in corruption trial [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
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